Global Outdoor Knife Market Size To Worth USD 3.84 Billion by 2033 | CAGR of 6.12%
Category: Consumer GoodsGlobal Outdoor Knife Market Size To Worth USD 3.84 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Outdoor Knife Market Size is to Grow from USD 2.12 Billion in 2023 to USD 3.84 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 6.12% during the projected period.
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Browse key industry insights spread across 210 pages with 115 Market data tables and figures & charts from the report on the "Global Outdoor Knife Market Size, Share, and COVID-19 Impact Analysis, By Type (Folding Blade, Fixed Blade, and Side Slide), By Application (Hunting, Survival, Camping, Hiking, Fishing, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/outdoor-knife-market
Knives are one of the most commonly used products in both residential and commercial kitchens around the world. Knives come in a range of shapes and sizes, each serving a specific purpose when making food. The knife industry encompasses a wide range of products designed for various applications, including EDC (everyday carry) knives, outdoor, kitchen, and tactical knives. The knife's popularity is expanding due to its demand as a versatile instrument. Outdoor knife demand is mostly driven by the growing popularity of camping, hiking, fishing, and survivalist hobbies. The market for specific knife models is growing as outdoor enthusiasts share their experiences and recommendations on social media and in outdoor forums, raising awareness of and demand for such models. However, growing prices for raw materials, including premium steel used in production, continue to affect the industry. The rising cost of raw materials is predicted to impact entire manufacturing costs due to the growing demand for superior and long-lasting blades.
The fixed blade segment is estimated to hold the largest market share of the outdoor knife market during the projected timeframe.
Based on the type, the outdoor knife market is divided into folding blade, fixed blade, and side slide. Among these, the fixed blade segment is estimated to hold the largest market share of the outdoor knife market during the projected timeframe. Fixed blades provide users more confidence in their ability to execute during demanding jobs because they are typically easier to operate and maintain. The growing craze for outdoor activities has increased the desire for strong, adaptable knives that can handle difficult circumstances.
The hunting segment is projected to grow at the highest CAGR in the outdoor knife market during the projected timeframe.
Based on the application, the outdoor knife market is divided into hunting, survival, camping, hiking, fishing, and others. Among these, the hunting segment is projected to grow at the highest CAGR in the outdoor knife market during the projected timeframe. The increasing number of individuals who hunt for sport and survival highlights the critical need for dependable, high-performing knives that facilitate field dressing, skinning, and butchering. Customers are becoming increasingly conscious of and interested in hunting gear as a result of the growing popularity of hunting shows, outdoor lifestyle branding, and social media platforms.
North America is anticipated to hold the largest share of the outdoor knife market over the predicted timeframe.
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North America is anticipated to hold the largest share of the outdoor knife market over the predicted timeframe. Because of the growing popularity of outdoor pursuits including fishing, hiking, and camping as well as the growing tendency of survival and independence, the North American market is expanding significantly. A wide variety of products, such as multi-tools, folding knives, and fixed blades, are available on the market to meet the needs of a broad spectrum of customers.
Asia Pacific is predicted to grow at the fastest pace in the outdoor knife market during the projected timeframe. Due to rising interest in outdoor activities and adventure sports in developing nations including China, Vietnam, India, and Indonesia, the market for outdoor knives in the Asia-Pacific region is expected to rise significantly. Outdoor knives are predicted to grow more in demand as urban populations get outside more for recreational activities including hiking, camping, and trekking.
Major vendors in the outdoor knife market are Morakniv AB, ESEE Knives, Fällkniven AB, Gerber, Spyderco, Inc., Helle, Cold Steel, SOG, CRKT, Microtech Knives, Buck Knives Inc., Benchmade Inc., KA-BAR, Emerson Knives, Inc., and others.
Recent Developments
- In July 2024, Helle released the Nordlys all-purpose outdoor knife, promoting its suitability for outdoor activities. The Nordlys, made in Norway, uses high-quality materials such as laminated stainless steel for the blade and curly birch plywood for the handle, making it both robust and practical for a variety of wilderness activities.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the outdoor knife market based on the below-mentioned segments:
Global Outdoor Knife Market, By Type
- Folding Blade
- Fixed Blade
- Side Slide
Global Outdoor Knife Market, By Application
- Hunting
- Survival
- Camping
- Hiking
- Fishing
- Others
Global Outdoor Knife Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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